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Larry Summers warns history indicates inflation will be slow to fall

Por: Fox Business Business October 27, 2022

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Chief Investment Officer of Kingsview Wealth Management Scott Martin joined 'Kennedy' to discuss high mortgage rates driving down housing demand.  Former Treasury Secretary Larry Summers on Thursday warned that persistently high inflation in the U.S. could take time to stabilize, arguing the history of developed countries since 1970 is pessimistic about the prospects of quickly wrangling prices under control.   Almost never does high... + full article



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